You are using an outdated browser. Please upgrade now to a modern browser in order to benefit of all our site's features: Chrome, FireFox, Opera, Safari or Internet Explorer. [Close]

The Official Blog of Fox News Channel

Bombshell Report: Obama Admin Using Honor System to Pay Insurance Companies

As seen on The Kelly File

ObamaCare officials confirm there is still no system built for taking billions of dollars in subsidies and giving it to the insurance companies. So how does the system work without a payment mechanism?


O'Reilly Factor Debate: Would Jesus Have Supported a Nanny State?


Tonight, Megyn Kelly reported that the administration is going to let insurance companies estimate how much money they should receive. Then the feds will cut them a check and figure out the real amount later.

“That’s your money!” Kelly told viewers. “We’re talking about one-sixth of the U.S. economy and this is the system that they’ve now settled on.”


11-Year-Old Banned From Selling Mistletoe, Told She Can Beg Instead


The Reuters report also says, “The fix puts an additional ‘burden’ on insurance companies, already taxed by having to double-check faulty enrollment data from the HealthCare.gov system.”

National Review columnist Avik Roy joined The Kelly File to respond to this late-breaking news. He called it a “bailout of the president.”

If the insurers don’t get paid, Roy explained, then they’ll hemorrhage money trying to cover people who signed up of ObamaCare.  “So the Obama administration’s saying well the only way we can keep the insurers participating in this market is to pay them in advance and trust them.”


Cavuto Takes on Democrat Over 'Stolen' Transportation Revenue


 

Leave a Comment0

Don't want to keep checking back here for the latest from Fox News? That's cool. We'll come to you ...

Connect with Fox News

Subscribe

Stay connected with the most-trusted name in cable news through exclusive videos, blogs, polls, contests and behind-the-scene details.

Get More Fox!

Greta Is Wired!

GretaWire.com is the official blog of Greta Van Susteren. Get Greta’s breaking news alerts, pictures, videos, polls, and behind-the-scenes exclusives. Plus, speak out on open threads, as well as the live chat page. Connect to the GretaWire community ... and to Greta herself!

Fox News Presents: 'My America with Elisabeth Hasselbeck'

Fox News Channel presents an exciting new feature series, My America with Elisabeth Hasselbeck. From the quirky to the inspirational, "My America" reveals who we are as a nation – driven, passionate and uniquely American. Watch the latest installment, an up-close look at the beloved Oscar Mayer Wienermobile!